SHA:603289 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	750.11	668.21	826.15	191	91.02	173.66
Short-Term Investments	-	-	-	100	-	10
Trading Asset Securities	16.34	16.61	51.21	76.41	273.32	530.51
Cash & Short-Term Investments	766.46	684.81	877.35	367.41	364.34	714.17
Cash Growth	-11.34%	-21.95%	138.79%	0.84%	-48.98%	36.22%
Accounts Receivable	683.35	619.78	511.5	493.49	500.21	335.93
Other Receivables	5.11	4.95	3.25	11.33	8.63	8.59
Receivables	688.46	624.73	514.75	504.82	508.84	344.52
Inventory	373.9	391.01	378.83	311.9	322.99	328.32
Other Current Assets	64.95	72.29	75.15	60.2	33.41	32.58
Total Current Assets	1,894	1,773	1,846	1,244	1,230	1,420
Property, Plant & Equipment	842.98	855.69	904.02	874.58	544.76	329.9
Long-Term Investments	17.36	18.7	18.77	33.86	35.73	29.47
Other Intangible Assets	150.02	150.31	154.29	166.88	159.62	72.5
Long-Term Deferred Tax Assets	15.73	13.14	10.86	11.69	8.23	5.38
Long-Term Deferred Charges	3.28	3.73	4.77	4.58	5.42	2.44
Other Long-Term Assets	17.1	17.67	21.32	3.33	6.18	29.25
Total Assets	2,940	2,832	2,960	2,339	1,990	1,889
Accounts Payable	421.89	425.73	600.65	554.66	559.59	470.96
Accrued Expenses	14.45	35.67	40.64	27.39	28.66	24.04
Short-Term Debt	575	449.5	451.86	275	-	-
Current Portion of Leases	-	-	-	-	0.14	1.63
Current Income Taxes Payable	9.99	12.16	12.33	8.79	5.68	5.23
Current Unearned Revenue	48.88	48.64	55.39	43.44	32.43	44.13
Other Current Liabilities	5.45	8.03	19.98	16.53	6.7	3.79
Total Current Liabilities	1,076	979.74	1,181	925.81	633.21	549.77
Long-Term Debt	343.02	339.69	329.02	-	-	-
Long-Term Leases	-	-	-	-	-	0.2
Long-Term Unearned Revenue	23.57	24.05	21.3	18.13	6.33	7.5
Total Liabilities	1,442	1,343	1,531	943.95	639.54	557.46
Common Stock	293.39	293.39	293.22	295.57	295.72	295.72
Additional Paid-In Capital	462.93	462.92	461.67	472.09	481.44	481.44
Retained Earnings	729.42	723.91	676.98	638.76	596.91	558.92
Treasury Stock	-	-	-	-12.76	-22.27	-
Comprehensive Income & Other	12.26	8.38	-2.92	1.67	-1.81	-5.03
Shareholders' Equity	1,498	1,489	1,429	1,395	1,350	1,331
Total Liabilities & Equity	2,940	2,832	2,960	2,339	1,990	1,889
Total Debt	918.02	789.19	780.88	275	0.14	1.82
Net Cash (Debt)	-151.56	-104.38	96.48	92.41	364.2	712.35
Net Cash Growth	-	-	4.40%	-74.63%	-48.87%	35.87%
Net Cash Per Share	-0.51	-0.34	0.33	0.31	1.24	2.45
Filing Date Shares Outstanding	293.39	293.39	293.22	296.63	293.22	295.72
Total Common Shares Outstanding	293.39	293.39	293.22	296.63	293.22	295.72
Working Capital	818.11	793.11	665.24	318.52	596.38	869.81
Book Value Per Share	5.11	5.07	4.87	4.70	4.60	4.50
Tangible Book Value	1,348	1,338	1,275	1,228	1,190	1,259
Tangible Book Value Per Share	4.59	4.56	4.35	4.14	4.06	4.26
Buildings	-	874.5	871.55	233.43	229.79	148.5
Machinery	-	262.07	254.84	213.01	206.98	203.3
Construction In Progress	-	1.97	5.05	639.08	293.3	137.7

Source: S&P Global Market Intelligence. Standard template. Financial Sources.